Tech Company Financing Transactions

Fabby Funding Round

On 1/16/2017, Fabby secured $2 million in Seed funding from Haxus Venture Fund and private investors.

Transaction Overview

Company Name
Announced On
1/16/2017
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Investors

Haxus Venture Fund (Lead Investor)

Proceeds Purpose
Fabby will use the cash to supercharge it's brand new technology that automatically separates an object from a background in photos and videos.

Company Information

Company Status
Acquired or Merged
Industry
Mobile
Mailing Address
8 Kirova Str. Office 40
Minsk, 220030
Belarus
Website
Email Address
Not Recorded
Overview
Fabby, owned and operated by Belarus-based AIMatter, automatically edits photos and videos like a professional designer. Simply shoot a video and get instant results. The company was acquired by Google in 2017.
Profile
Fabby LinkedIn Company Profile
Social Media
Fabby Company Twitter Account
Company News
Fabby News
Facebook
Fabby on Facebook
YouTube
Fabby on YouTube

Management Team

Title
Name
Email & Social
Co-Founder
Yuri Melnichek
  Yuri Melnichek LinkedIn Profile  Yuri Melnichek Twitter Account  Yuri Melnichek News  Yuri Melnichek on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/16/2017: OraMetrix venture capital transaction
Next: 1/16/2017: Lattice Engines venture capital transaction

 

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Where The Data Comes From

We do our best to document all VC transactions involving tech companies. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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